EWI iShares MSCI Italy ETF

Last close: 56.53
504-day return: +57.91%
Median $/day: $15.4M
Relationships shown: 12
Leader rank: #453

together opposite · bar = ρ at each lag, −10 … 0 … +10 days · holdout ρ · click a card for the full picture

EWI vs EUFN

Both indexed to 100 at 2026-05-11.

EWI EUFN · range 95–117 · 2026-05-11 → 2026-11-06

Follows EWI

These tend to repeat EWI's moves later.

MAMA Mama's Creations, Inc. Common Stock

lag 1dρ -0.24holdout -0.29stable 100%$/day $3.6Mrobust

Moves with EWI

Same day, ranked by what's left after the market and sector factors are removed ("beyond mkt").

EUFN iShares MSCI Europe Financials ETF

ρ +0.90beyond mkt +0.68holdout +0.92stable 100%robust

EWP iShares MSCI Spain ETF

ρ +0.85beyond mkt +0.56holdout +0.88stable 100%robust

FEUZ First Trust Exchange-Traded AlphDEX Fund II First Trust Eurozone AlphaDEX ETF

ρ +0.86beyond mkt +0.56holdout +0.85stable 100%robust

BBVA Banco Bilbao Vizcaya Argentaria, S.A.

ρ +0.75beyond mkt +0.45holdout +0.79stable 100%robust

DB Deutsche Bank Aktiengesellschaft

ρ +0.76beyond mkt +0.45holdout +0.83stable 100%robust

SAN Banco Santander S.A.

ρ +0.78beyond mkt +0.45holdout +0.81stable 100%robust

Moves against EWI

UUP Invesco DB US Dollar Index Bullish Fund

ρ -0.47beyond mkt -0.07holdout -0.60stable 100%robust

TAIL Cambria Tail Risk ETF

ρ -0.35beyond mkt -0.03holdout -0.31stable 88%robust

VIXM ProShares VIX Mid-Term Futures ETF

ρ -0.45beyond mkt -0.02holdout -0.51stable 100%robust

BTAL AGF U.S. Market Neutral Anti-Beta Fund

ρ -0.41beyond mkt +0.00holdout -0.57stable 100%robust

VXX iPath Series B S&P 500 VIX Short-Term Futures ETN

ρ -0.51beyond mkt +0.00holdout -0.60stable 100%robust

Changed this quarter

Biggest shifts in same-day correlation over the last 63 trading days versus the year before.

BWMN Bowman Consulting Group Ltd. Common Stock

Δ -0.64recent -0.26prior +0.38beyond mkt +0.02

BTA Beacon Tactical Alternatives Risk ETF

Δ -0.59recent -0.46prior +0.12beyond mkt +0.02

MDXG MiMedx Group, Inc Common Stock

Δ -0.55recent -0.30prior +0.25beyond mkt -0.05

HARD Simplify Commodities Strategy No K-1 ETF

Δ -0.54recent -0.49prior +0.06beyond mkt +0.06

RSBT Return Stacked Bonds & Managed Futures ETF

Δ -0.46recent -0.08prior +0.38beyond mkt +0.02

RYM RYTHM, Inc. Common Stock

Δ +0.42recent +0.53prior +0.11beyond mkt +0.02

Hidden links

Strong beyond-the-market co-movement with few shared neighbours.

Symbol	beyond mkt	raw ρ	shared
BBVA Banco Bilbao Vizcaya Argentaria, S.A.	+0.45	+0.75	17
DB Deutsche Bank Aktiengesellschaft	+0.45	+0.76	17
SAN Banco Santander S.A.	+0.45	+0.78	17
FEUZ First Trust Exchange-Traded AlphDEX Fund II First Trust Eurozone AlphaDEX ETF	+0.56	+0.86	20
EUFN iShares MSCI Europe Financials ETF	+0.68	+0.90	22
EWP iShares MSCI Spain ETF	+0.56	+0.85	22